AG Mortgage Dividend May Hit $3.20 in 2013

The mortgage REIT's shares may gain 7.1% in the next four quarters.

AG Mortgage reported second-quarter results consistent with its preannouncement: 1) GAAP earnings per share of $2.85; 2) "core" earnings of 86 cents per share; and 3) book value per share of $21.78 (up 11% from March 31).